Trump's attacks on Amazon are working

Alicia Cross
April 3, 2018

The Stock now has a Weekly Volatility of 5.08% and Monthly Volatility of 2.65%. Laurel Grove Capital LLC's holdings in were worth $5,619,000 at the end of the most recent reporting period.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Hall Capital Management Co. ALBERG TOM A also sold $1.01M worth of, Inc. It also increased its holding in First Rep Bk San Francis (NYSE:FRC) by 4,800 shares in the quarter, for a total of 152,898 shares, and has risen its stake in Intuitive Surgical Inc (NASDAQ:ISRG). Oak Point Wealth Management purchased a new stake in shares of in the fourth quarter valued at $125,000. The e-commerce giant reported $2.16 earnings per share for the quarter, topping the consensus estimate of $1.85 by $0.31. Institutional investors and hedge funds own 60.21% of the company's stock. (NASDAQ:AMZN) to report earnings on April, 26. Wolfe Research upgraded from a "peer perform" rating to an "outperform" rating in a report on Friday, February 23rd. Vetr upgraded from a "sell" rating to a "hold" rating and set a $1,414.91 price target for the company in a research note on Tuesday, January 30th.

Amazon's stock fell like a rock Monday, dropping more than 5% to close at $1,371.99, following a sustained Twitter assault from President Trump. Four research analysts have rated the stock with a hold rating, forty-nine have issued a buy rating and one has assigned a strong buy rating to the company's stock. The company now has a consensus rating of "Buy" and a consensus target price of $1,481.38. During the same quarter in the previous year, the company posted $1.54 earnings per share. The company has a market capitalization of $700,667.69, a P/E ratio of 318.10, a P/E/G ratio of 6.36 and a beta of 1.59. The company has a current ratio of 1.04, a quick ratio of 0.76 and a debt-to-equity ratio of 0.89. The price of $23.50 a share was lower than many expected and was interpreted as a sign that even the highest quality malls that GGP owns are being hurt. The e-commerce giant reported $2.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.31. had 280 analyst reports since July 21, 2015 according to SRatingsIntel. had a return on equity of 9.23% and a net margin of 1.71%.

China says space station to re-enter atmosphere over South Atlantic on Monday
Following in the footsteps of the United States and Russia, China is striving to open a space station circling our planet. Some debris fell in sparsely populated Western Australia, causing no problems except for a $400 fine for littering.

Apple May Ditch Intel And Start Using Their Own Chips
Another trade for 16,000 shares valued at $2.80 million was sold by Cox Christopher K. $9.75M worth of Facebook, Inc. M Holdings Securities Inc bought 1,393 shares as the company's stock rose 4.06% while stock markets declined.

New Jersey lottery player wins Mega Millions jackpot
Friday's 11pm ET (11am Singapore time) jackpot drawing was for the 10th largest prize ever offered in the United States. The largest prize in game history was recorded in 2012 when the jackpot reached $656 million.

But Amazon has been adding to its national network of distribution centers, and past year it announced it would start charging sales tax in every state, whether it has a physical presence there or not.

Daniel Ives, GBH Insights analyst said, "With Facebook and regulatory worries, the last thing nervous tech investors wanted to see was news that Trump is targeting Bezos and Amazon over the coming months as this remains a lingering cloud over the stock and heightens the risk profile in the eyes of the Street." . Also, CEO Jeffrey A. Wilke sold 500 shares of the stock in a transaction on Wednesday, March 21st. The recommendation scale measures the value from 1 to 5, where 1 means "Buy" and 5 stands for "Sell". The sale was disclosed in a document filed with the SEC, which is accessible through this link. Reynolds Shelley had sold 544 shares worth $795,502 on Thursday, February 15.

Other reports by Free-Prsite

Discuss This Article